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Dvara Kshetriya Gramin Financial Services (Dvara KGFS) has signed a memorandum of understanding (MoU) with Shri Baba Gorakhnath Kripaa Milk Producer Company to empower women dairy farmers in Uttar Pradesh. This partnership will enable Dvara KGFS to leverage approximately 80,000 litres of milk collected daily, extending financial services to around 44,000 women dairy farmers and their households. The initiative marks the launch of Dvara KGFS’s Dairy Value Chain product line, which aims to support farmers throughout the entire value chain, from cattle care to milk production and income generation. Rahul Tripathy, Chief Product Officer of Dvara KGFS, emphasized the importance of this collaboration in enhancing market access and tailored financial solutions for rural households. Neeraj, Chairperson of the milk producer company, highlighted the initiative's role in establishing a support system for women farmers, promoting sustainable livelihoods and economic independence in the Gorakhpur division. 
Published: Jan 22 2026, 5 pmeznews.inThe Delhi High Court has been informed by the Union of India that decisive actions are underway following an inquiry into the recent IndiGo crisis, which resulted in widespread flight cancellations and passenger disruptions. During a hearing regarding a plea for an independent judicial probe, the court learned that a Senior Vice President of IndiGo is set to be dismissed, and the airline has been fined ₹22 crore, with a ₹50 crore bank guarantee secured for compliance with corrective measures. Warnings have also been issued to several senior officials for identified lapses. IndiGo's counsel stated that refunds for cancelled tickets are being processed, and a compensation mechanism for stranded passengers is being finalised. The court has mandated IndiGo to submit detailed records of refunds and assistance within two weeks, while also addressing concerns over fare surges and safety issues during the crisis. The next hearing is scheduled for February 25.
Published: Jan 22 2026, 7 pmeznews.inThe Kerala Cooperative Milk Marketing Federation, known as Milma, has signed a Memorandum of Understanding (MoU) with Food Links Food and Beverage Solutions to export its premium dairy products to four Gulf Cooperation Council (GCC) countries: Saudi Arabia, UAE, Bahrain, and Oman. The agreement, signed by Milma Managing Director Asif K Yusuf and Food Links partner Muhammad Shibu, mandates the monthly purchase of 20 tonnes of ghee, alongside other products valued at a minimum of Rs five lakh for each country. Milma Chairman K S Mani emphasized that this initiative aims to bolster the brand's overseas presence and enhance its market value. The products will be supplied from Milma’s Central Products Unit in Alappuzha, while Food Links will manage logistics, customs, and legal requirements. The MoU is initially valid for one year, with potential for extension based on performance reviews.
Published: Jan 22 2026, 6 pmeznews.inThe Konkan Railway Corporation Ltd (KRCL) has launched its first container rake of polypropylene from Thokur station in Mangaluru taluk, marking a significant development in freight transportation. The polypropylene, sourced from Mangalore Refinery and Petrochemicals Ltd (MRPL), will see an average of two container rakes dispatched monthly to the Morbi region of Rajasthan. This initiative is supported by a formal agreement between MRPL and the Central Warehousing Corporation (CWC), which will manage the traffic using its own container rakes. To enhance freight operations, KRCL and CWC have upgraded Thokur station's infrastructure, including a paved wharf, approach roads, and modern logistics facilities. This new service is anticipated to attract additional customers, leveraging the improved capabilities for the storage and transportation of goods in the region.
Published: Jan 22 2026, 6 pmeznews.inIndustry leaders are calling on the government to double infrastructure allocations to Rs 3 lakh crore in the upcoming Budget 2026, as highlighted by a recent survey from the Logistics Sector Skill Council (LSC). This request comes as part of a broader push for significant infrastructure reforms aimed at enhancing economic growth and positioning India as a global economic powerhouse. The LSC's CEO, Ravikanth Yamarthy, emphasized that the logistics sector is crucial for driving economic momentum, while other industry figures stressed the need for investments in retail infrastructure, energy, and digital frameworks. Shrenik Ghodawat pointed to the importance of modern warehousing and last-mile logistics, while Avishek Kumar called for investments in decentralized solar and local battery manufacturing. Stakeholders believe that comprehensive infrastructure upgrades can unlock India's economic potential and create jobs, making the upcoming Budget a critical opportunity for inclusive growth and innovation across various sectors.
Published: Jan 22 2026, 5 pmeznews.inSevere weather conditions are expected to persist across North-West India due to back-to-back western disturbances that merged over Pakistan and India, according to the India Meteorological Department (IMD). The first disturbance originated from a trough in the higher atmosphere over south-east Iran, while the second was a cyclonic circulation over north Pakistan. The impact has been significant, with widespread rainfall, snowfall, thunderstorms, lightning, and hailstorms reported from Wednesday evening to Thursday. An intense successor disturbance is anticipated to arrive on Monday, further exacerbating the rough weather. Meanwhile, isolated heavy rainfall is forecast for Tamil Nadu, Puducherry, and Karaikal on Sunday, driven by an easterly wave from the Bay of Bengal. The IMD also predicts thunderstorms and gusty winds across various regions, including Jammu-Kashmir, Himachal Pradesh, and Punjab, with hailstorms likely in several areas on Friday.
Published: Jan 22 2026, 5 pmeznews.inResponsible Artificial Intelligence (AI) is increasingly viewed as a strategic priority for Indian enterprises, according to Nasscom’s "State of Responsible AI in India 2025" report, presented at the Responsible Intelligence Confluence in New Delhi. The report reveals that nearly 60% of organizations confident in scaling AI responsibly have established mature Responsible AI (RAI) frameworks, with 30% reporting advanced practices. Large enterprises lead in RAI maturity, while smaller firms show growing willingness to adopt responsible norms. The Banking, Financial Services, and Insurance sector tops the maturity rankings at 35%. Despite progress, challenges such as data quality, regulatory uncertainty, and AI risks, including hallucinations and privacy violations, persist. Accountability structures are evolving, with 48% of organizations placing AI governance at the C-suite level. As AI systems become more autonomous, businesses with mature RAI frameworks feel better prepared to address emerging technologies, though significant updates to governance will be necessary.
Published: Jan 22 2026, 5 pmeznews.inGerman Chancellor Friedrich Merz addressed the 56th World Economic Forum in Davos on January 22, 2026, emphasizing the potential for collaboration among nations favoring regulation over protectionism amid the "era of great powers." His remarks came just days before the anticipated signing of a landmark free trade agreement (FTA) between India and the European Union, which he described as a significant opportunity for economic growth. Merz highlighted the upcoming visit of European Commission President Ursula von der Leyen to India, where the FTA, dubbed "the mother of all deals," is expected to be finalized during the India-EU summit on January 27. This agreement aims to enhance trade ties, with the EU being India's largest trading partner, and is projected to create a market encompassing 2 billion people, significantly impacting global GDP. The FTA is seen as a crucial step in strengthening bilateral relations amid ongoing global trade disruptions.
Published: Jan 22 2026, 4 pmeznews.inThe second phase of the Vizhinjam International Seaport development in Kerala is set to commence with an investment of ₹9,700 crore by Adani Vizhinjam Port Pvt. Ltd. (AVPPL), following the successful completion of the first phase, which saw an investment of ₹8,867 crore. Kerala Ports Minister V.N. Vasavan announced that Chief Minister Pinarayi Vijayan will inaugurate the new phase, which aims to enhance the port's capacity from 1 million TEUs to 5 million TEUs by expanding the berth from 800 meters to 2,000 meters and the breakwater from 3 km to 4 km. The project will also introduce new facilities, including a railway yard and multipurpose berth, without requiring additional land acquisition. The port has already established itself as a crucial hub for global cargo movement, handling 1.513 million TEUs from 710 vessels within its first year of operation. Completion of the second phase is expected by 2028.
Published: Jan 22 2026, 4 pmeznews.inIndia's largest airline, IndiGo, reported a significant 78% drop in profit for the December 2025 quarter, earning ₹549.1 crore compared to ₹2,448.8 crore in the same period last year. The airline's parent company, InterGlobe Aviation, announced a total income of ₹24,540.6 crore, an increase from ₹22,992.8 crore a year earlier. This decline in profit comes on the heels of substantial flight disruptions experienced by IndiGo in early December, prompting the Directorate General of Civil Aviation (DGCA) to reduce the airline's winter schedule by 10% until February 10. The financial results reflect the challenges faced by the airline amid operational setbacks, despite a rise in overall income. The latest figures were disclosed in a regulatory filing on January 22, 2026.
Published: Jan 22 2026, 4 pm
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